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Chinese national who worked in Korea for one month to receive lifelong National Pension... 'Controversy over retroactive payment loophole'

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Chinese national who worked in Korea for one month to receive lifelong National Pension... ‘Controversy over retroactive payment loophole’ | JoongAng IlboJoongAng IlboAs cases arise where foreigners who were enrolled in the National Pension for only a single month in Korea fill the required 10-year contribution period through 'retroactive payment' (Chunap)—paying past insurance premiums all at once—to receive old-age pensions, critics are pointing out the need for institutional improvements. According to the National Pension Service on the 21st, the retroactive payment system is intended for periods of unemployment or…

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